The movie is set at the beginning of the NEP (New Economic Policy) in December, 1921. A mysterious radio message is beamed around the world, and among the engineers who receive it are Los, the hero, and his colleague Spiridonov.

An epidemic has killed off all of the fertile men on earth, except for Elmer Smith, a hillbilly who lives out in a cabin in the Ozarks, when he is discovered, every woman on the planet begins fighting over him.

The Three Bears are busy cooking when Baby Bear realises his recipe requires hops. Naturally his first inclination is to go find some frogs to provide for him his hops, so he runs off and pursues a frog at the local pond.